Tags African American businesses
Tag: African American businesses
In the most diverse state in America, the 10 largest insurers do shockingly little business with suppliers owned by people of color, according to a new report released March 13 by The Greenlining Institute. Insurers buy huge amounts of goods and services in California – over $23 billion in 2014 alone – but the largest firms did barely over 3 percent of their contracting with businesses owned by people of color.
How can a group have over 3 million people with college degrees yet be so underdeveloped economically? How can a people have over 10,000 elected officials yet have so little economic power? Why do African Americans spend only 3 percent of their income with each other? Could that explain why only 9 out of every one thousand African Americans start a business, while other groups are above 100?
Home of Chicken and Waffles has been in Oakland’s Jack London Square for over a decade, serving up hearty meals family style. Derrick Johnson, the native West Oaklander who owns the establishment, also takes pride in hiring local people who have felonies. This beautiful mix of good business and community service has had the restaurant going strong in the rapidly changing demographics of the city of Oakland.
Ida B. Wells was a fiery crusader for African American justice at a time when angry white men indulged in lynching as acceptable behavior. Her determination, courage, ambition and refusal to back down helped change the course of history. Her talents as an investigative reporter, successful writer and newspaper owner were unbeatable weapons.